Cor Mason Rd & Burkhart Rd Howell, MI 48843
- Residential income homes
- 90.00 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 0 Cor Mason Rd & Burkhart Rd
- Lot size
- 90.00 lot acres
- Property type
- Residential income homes
Description
Exceptional investment opportunity: a shovel-ready 90-unit senior living Planned Unit Development (PUD) in Howell, Michigan. This multifamily property, situated on a 90-acre lot at the northwest corner of Mason Road and Burkhart Road (APN 47-06-32-400-013), is priced at $1,115,000 ($12,389 per unit). The property boasts permit approval and includes significant allocated water and sewer resources: 75 water reuse and 569 sewer reuse allocations, valued at over $3,000,000. Located in the Howell School District, this development benefits from a strong positive population growth projection from 2023 to 2028. Enjoy convenient access to major transportation arteries, with I-96 and Tanger Outlets one mile south, and downtown Howell and the new Motorsports Gateway Howell just two miles away. Municipal water and sanitary sewer services are readily available. This is a prime opportunity to capitalize on the growing demand for senior living accommodations in a thriving Michigan community. Zoning permits multifamily, single-family, and senior living uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Howell
- County
- Livingston
- State
- Michigan
- Longitude
- -83.9931
- Latitude
- 42.5998
